An Idaho certificate of good standing confirms that a limited liability company (LLC) or corporation was founded lawfully and is being properly maintained.
In our Certificate of Good Standing Idaho guide, we will go over the qualifications for good standing as well as how to get one in Idaho.
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How Do I Obtain an Idaho Certificate of Good Standing?
Request your certificate of good standing, also known as a certificate of existence in Idaho, from the Secretary of State.
There are two major processes involved in obtaining your certificate of good standing:
1. Maintain your LLC’s compliance
2. Request a certificate of good standing.
What exactly is a good standing certificate? A certificate of good standing is a state document that confirms your company was created lawfully and has been properly maintained.
Step 1: Ensure that your Idaho business is in compliance.
To be eligible for an Idaho certificate of existence, your company must meet the following state compliance requirements:
Permits and Licenses
To run a company in Idaho, you must adhere to federal, state, and municipal licensing requirements. Regulations such as health permits and construction permits are examples of this.
The State of Idaho website has further information about state licensing requirements.
State levies
Depending on your company activity, you may be required to register for several types of Idaho state tax. Sales tax, withholding tax, and Unemployment Insurance (UI) tax are all examples of this.
Reports on a Year
Every Idaho LLC and company is required to submit an annual report. This report confirms the company’s fundamental facts, such as its primary office location and registered agent.
Every year, before the end of the anniversary month of the business’s incorporation, the report must be submitted online with the Secretary of State. There are no filing costs.
Step 2: Request an Idaho Certificate of Good Standing.
Once your company is in good standing with the state, you can apply to the Secretary of State for an Idaho certificate of existence. This may be done in person, via mail, or online.
Is a Certificate of Good Standing Required in Idaho?
While you don’t always require a certificate of existence to operate a company in Idaho, there are a few situations when you may. These are some examples:
Purchasing commercial insurance
Applying for commercial loans
Establishing a business checking account
Getting a business license in another state
